Weekly CEO Buys Highlight: City National Corp, Thomas Properties Group Inc, Juniper Networks Inc, Healthsouth Corp.

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Nov 17, 2008
This is the weekly highlight of CEO Buys. Companies for the week of November 9 th, 2008 : City National Corp, Thomas Properties Group Inc, Juniper Networks Inc, and Healthsouth Corp.


City National Corp. (CYN, Financial): President and CEO, Director, 10% Owner Russell D Goldsmith Bought 1,250,000 Shares


President and CEO, Director, 10% Owner of City National Corp. (CYN) Russell D Goldsmith bought 1,250,000 shares on 11/13/2008 at an average price of $42.54.


City National Corporation conducts its operations through its primary subsidiary City National Bank. The company has a market cap of $2.04 billion, a P/E ratio of 14.48 and P/S ratio of 2.64. The dividend yield of City National Corp. stocks is 3.59%.


City National recently reported its third quarter results for the year of 2008. The company said that EPS fell about 75%, and its income also fell. Profit was also down and the company lowered its 2008 outlook.


George Soros bought 44,000 shares in the quarter that ended on 06/30/2008 , which is 0.07% of the $2.47 billion portfolio of Soros Fund Management LLC. John Rogers sold out his holdings in the quarter that ended on 06/30/2008 .


Director Ronald L Olson bought 3,000 shares of CYN stock on 08/28/2008 at the average price of $48.99; the price of the stock has decreased by 13.17% since.


Thomas Properties Group Inc. (TPGI, Financial): Chairman, President & CEO, Director James A Thomas Bought 244,000 Shares


Chairman, President & CEO, Director of Thomas Properties Group Inc. (TPGI) James A Thomas bought 244,000 shares during the past week at an average price of $3.78.


Thomas Properties Group is a full-service real estate operating company. They have a market cap of $90.16 million with a P/E ratio of 140.00 and P/S ratio of 0.72. The dividend yield of Thomas Properties Group Inc. stocks is 3.45%.


Thomas Properties Group Inc. recently reported its third quarter 2008 results. Revenue was down, but the company saw a rise in expenses. Earnings per share were negative 12 cents per share in the 3 rd quarter, compared to positive 1 cent per share a year ago.


Michael Price owns 350,200 shares as of 09/30/2008 , an increase of 133.47% from the previous quarter. Third Avenue Management owns 2,584,249 shares as of 06/30/2008 , which accounts for 0.26% of the $9.72 billion portfolio of Third Avenue Management. Arnold Schneider owns 776,850 shares as of 09/30/2008 , which accounts for 0.35% of the $2.25 billion portfolio of Schneider Capital Management.


Executive Vice President, Director John R Sischo bought 1,000 shares of TPGI stock on 05/21/2008 at the average price of $10.45; the price of the stock has decreased by 63.83% since.


Juniper Networks Inc. (JNPR, Financial): CEO Kevin R Johnson Bought 64,000 Shares


CEO of Juniper Networks Inc. (JNPR) Kevin R Johnson bought 64,000 shares on 11/13/2008 at an average price of $15.03. Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. The company has a market cap of $8.13 billion; its shares were traded at around $15.03 with a P/E ratio of 16.87 and P/S ratio of 2.52.


Jupiter Networks recently reported that it has been awarded the 2008 STAR Award for Service Excellence in Mission Critical Support – Hardware from the Service & Support Professionals Association. This is also known as the SSPA.


CTO, Director Pradeep Sindhu sold 33,400 shares of JNPR stock on 11/12/2008 at the average price of $15.35; the price of the stock has decreased by 2.08% since.


Healthsouth Corp. (HLS, Financial): CEO, Director Jay Grinney Bought 72,383 Shares


CEO, Director of Healthsouth Corp. (HLS) Jay Grinney bought 72,383 shares during the past week at an average price of $10.9. Healthsouth Corp. is the one of the nation's largest providers of outpatient surgery and rehabilitative healthcare services. It has a market cap of $959.51 million; its shares were traded at around $10.9 with a P/E ratio of 170.31 and P/S ratio of 0.55.


Healthsouth recently reported that its net income was down less than 1 cent per share. Net operating revenue rose over 6%.


Jean-Marie Eveillard owns 210,037 shares as of 09/30/2008 , a decrease of 70.56% of from the previous quarter. Bleichroeder Advisers, LLC. Bill Miller owns 266,120 shares as of 06/30/2008 , a decrease of 86.37% of from the previous quarter.


CFO John L Workman bought 5,000 shares of HLS stock on 11/10/2008 at the average price of $11.77; the price of the stock has decreased by 7.39% since.